City Singapore Financial News

28.11 / 20:27

Citi Platform Bitcoin regulatory Singapore’s Coinstore enters India despite regulatory limbo; cites ‘optimism’

India’s lack of regulatory clarity on the question of cryptos has left many stakeholders in limbo. From a curtailment in marketing by exchanges to investors falling out, a lot has been happening in the country. However, India’s growing market seems just too lucrative for some to miss out on.

26.11 / 12:37

regulation Investments Bitcoin Two MAS-regulated Bitcoin funds launch in Singapore

Singapore-based fund manager Fintonia Group has launched two institutional-grade Bitcoin (BTC) funds approved by the Monetary Authority of Singapore (MAS).

25.11 / 12:33

cryptocurrency defi Crypto Exchange MonoX, Profitable Since Mainnet Launch, Announces its Public Token Sale on Huobi Primelist

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

24.11 / 11:11

cryptocurrency NFT defi Gate.io Has Burned More Than 3.6M GT Tokens From Circulation

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

23.11 / 00:59

business Blockchain Adoption Bitcoin This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining

It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency's environmental burden increases even more if the energy used for mining stems from fossil fuels.

22.11 / 18:01

Blockchain Ethereum Stablecoin Financial Southeast Asian financial institutions turn to the Ethereum blockchain

Blockchain innovation is surging throughout Southeast Asia, as the region is home to a number of fintech firms and global crypto companies. In particular, Singapore has become one of the world’s most crypto-friendly countries.

20.11 / 01:25

UPS Binance CEO Customer Singapore-based OCBC looking to set up crypto exchange, to address customer needs

Singapore-based Oversea-Chinese Banking Corp.(OCBC) is mulling over setting up a crypto-exchange, as per a report by Bloomberg.

19.11 / 13:07

cryptocurrency NFT NFTS open DoraHacks Secures USD 8 Million by Binance Labs to Build a More Open-Source Blockchain World

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

18.11 / 19:07

business Mining Bitcoin Miner Bitcoin miner to go public on Nasdaq after $4B SPAC merger

Bitdeer Technologies Holding Company, a Singapore-based Bitcoin (BTC) mining corporation, has announced that it has entered into a definitive merger agreement with Blue Safari Group Acquisition Corp. for a business combination of Blue Safari and the miner.

18.11 / 17:50

cryptocurrency Crypto Trading Crypto Exchange rebrand Social Trading Platform Bingbon Completes Rebrand to BingX

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

18.11 / 09:07

Adoption Latin America CNBC HK Peru to partner with India, HK and Singapore central banks on a CBDC

The president of the Central Reserve Bank of Peru Julio Velarde announced that his country will be entering the global race to develop a Central Bank Digital Currency (CBDC).

18.11 / 03:25

Blockchain cryptocurrency defi WOO Gate.io Announces USD 5 Million Venture Investment In Woo Networks

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

15.11 / 12:43

business Stablecoin Usd Coin expansion Circle to invest in Japanese yen stablecoin as part of expansion to Asia

Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets.

14.11 / 05:23

Blockchain Digital PwC Insignia ASEAN Crypto investments in ASEAN surge to 424% in 2021

As the digital age continues apace, central and private banks across the world are experimenting with technology to promote faster, smoother and more secure economic transactions. In the ASEAN (Association of Southeast Asian Nations) region these changes have been significantly promising.

12.11 / 14:33

Provident Binance Digital coinbase Singapore grants Binance, Coinbase this exemption for specified period

The Monetary Authority of Singapore (MAS) has released a list of 70 platforms that have applied to provide digital asset services in the country. The notable applicants include Singapore arms of Coinbase Global Inc. and Binance Holdings.

10.11 / 18:43

Digital Google CEO Platform Singapore Fintech Festival 2021: Web 3.0 on the horizon

Web 3.0 will allow data to be interconnected in a decentralised way, a step change from Web 2.0 where data has traditionally been centralised and siloed. As a result, many industry leaders see symbiosis between Web 3.0, blockchain and cryptocurrency. Further, sessions at Singapore Fintech Festival saw CEOs come together to discuss these elements and what the decentralised structure of Web 3.0 could mean for company hierarchies.

10.11 / 12:27

business regulation Bitcoin exit services Huobi to halt services in Singapore after China exit

Huobi Global, one of the world’s largest cryptocurrency exchanges by trading volumes, is winding down operations in Singapore shortly after exiting China.

10.11 / 12:23

Binance Action Dreams Huobi Huobi Global adds Singapore to its ‘restricted jurisdictions’ list

After the Chinese government’s crackdown on crypto-transactions, Huobi might have thought it will find home again in Singapore. However, an announcement from the crypto-exchange has made it clear that Huobi will be bidding goodbye to many of its users yet again.

10.11 / 08:51

Adoption VISA MasterCard Executive gone Crypto has gone from 'weird' to 'cool' thanks to NFTs says Visa executive

Visa’s head of crypto Cuy Sheffield said that investing in cryptocurrency has become a lot cooler thanks to an influx of creative types drawn in by the booming NFT sector.

09.11 / 14:03

Blockchain Stablecoin Adoption Retail-focused Singaporean CBDC to hedge against privately issued stablecoins

Singaporean central bank Monetary Authority of Singapore (MAS) has ramped up efforts to research and develop a central bank digital currency (CBDC) for retail use under the Project Orchid initiative.

05.11 / 17:02

Stablecoin defi Crypto Exchange Support TrueUSD Launches Fountain Incentive Plan Of USD 1 Billion to Support the Development of DeFi Ecosystems

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

breaking news about city Singapore

What is the current situation in city Singapore?

In city Singapore, the spotlight is on socially significant developments that affect the region’s daily life.

Where can I find reliable news about city Singapore?

We publish verified updates about the situation in city Singapore, based on information from regional journalists.

What shapes the media agenda in city Singapore?

The news landscape of city Singapore is shaped by major cultural and social events, reflecting its unique context.